Local Money

Local Money : How to Make it Happen in Your Community

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"Local Money" shows how local currency can help us unleash the financial power of our communities to build a resilient, low-carbon future.In past recessions and depressions, a popular response from communities has been to create their own forms of money. The jobs aren't there, and the money has dried up, but needs remain. How can local money help communities in times of hardship and cut as much carbon out of their economies as possible?An inspiring and practical new book, "Local Money" helps you understand what money is and what makes good and bad money. It draws on the considerable track record of experimentation with local money around the world and gives ideas to those in the Transition movement and beyond about what has been tried, what works, and what to avoid.Different models of alternative currencies are reviewed, from the Local Exchange Trading System (LETS) and Timebanks that work within communities, to paper currencies such as Berkshares, German regional currencies and Ithaca 'hours' that circulate between local businesses as an alternative to their losing trade to the big box retailers.How can local banks and bonds help us move our cities, communities and homes on to a more sustainable footing? The book suggests how groups can create future forms of local money that can deepen local resilience and support the development of more local production of the things we need, such as food and power, while also reducing a community's CO2 emissions.

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  • Paperback | 240 pages
  • 220 x 220 x 20mm | 780.17g
  • UIT Cambridge
  • Transition Books
  • TotnesUnited Kingdom
  • English
  • 1900322528
  • 9781900322522
  • 267,631

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"If you're ready to embark on the rather exciting journey of loacl money in your town, this is the most helpful book I've come across so far." Make Wealth History "Transition groups and others interested in finding alternatives to big money and the big banks will find plenty to stimulate their efforts as they work to biuld a resilient economic future for their communities." Blackmore Vale Magazine

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About Peter North

Dr Peter North teaches Geography at Liverpool University. He first heard about alternative currencies while doing a Masters in Peace Studies in 1992, and has been exploring local money worldwide since then. He is one of the founder members of Transition South Liverpool.

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